The Dow and S&P 500 each closed with their worst day since December 15 – the Dow fell about 696 points, or 2.1%, while the S&P dropped by 2%. The Nasdaq Composite closed 2.5% lower. Consumer spending accounts for about 70% of America’s gross domestic product, the broadest measure of the US economy, so a slowdown could weigh on growth and even send the United States into a recession. Recent economic data has been strong.
But the fourth quarter numbers painted a different picture, as the company missed revenue expectations for the first time since 2019, before the pandemic. The company also lowered its outlook for the year ahead as executives struck a more cautious tone about recession and inflation forecasts on the call that followed earnings. Shares of Home Depot stock fell by 7.1% on Tuesday.
I’m not buying shit till we get paid more
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STOCK MARKET NEWS: President’s Day, Biden’s surprise Ukraine visit, Walmart, Home Depot earningsPresident Biden in Ukraine for surprise visit, stock and bond markets closed in observance of President’s Day, gold steady and Walmart, Home Depot earnings due on Tuesday. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Biden sending BILLIONS to Ukraine 🇺🇦 as payback for his burisma corruption. 10/16/2017: Prof. Antony Davies: 10 Myths About 🇺🇸 GOVERNMENT DEBT which in reality is around $165 TRILLIONS.
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »
Home Depot and Walmart shares slip after earnings guidance; Meta's stock rises on trial of Facebook and Instagram subscription tiersHome Depot and Walmart slip after earnings guidance; Facebook parent Meta rises on trial of subscription tier
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Stocks making the biggest premarket moves: Walmart, Home Depot, Vir Biotechnology and moreThese are the stocks posting the largest moves in the premarket. CNBC producers need to tell the hosts (again) stop talking over every and being so rude. Let the person answer the question! ECONOMY IN FREE FALL !!! TEN YEAR YIELD RISING !!!! DEBT MARKET TICKING TIME BOMB !!!
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »